Pros
Free office cab. The higher the posts, the more they are proficient at Excel, Powerpoint, Word, Outlook and Skype. Work life balance depends on the team mostly. The firm has very high reputations. Bay(huge food court at the basement, shared by multiple firms) is excellent. Unlimited(3 months per year I guess) sick leaves, don't forget to fake them a few times.
Cons
Many times you will have to take calls with US after 7pm. Not much importance is given to technology, people are not very technically strong. At VP level people stop coding, its only about meetings, calls and emails. Not enough attention is given to the quality of code that you write. Only a few good teams have reviews for pull requests. Cumbersome processes for literally all technical work(be a deployment, or getting a plugin for your ide). So many technologies are Morganized. People are reluctant to try new/different technologies in most of the teams. Networking with people is all that matters. The better emails you write, the professional you are considered. Higher management talks about agile most of the time in technology meetings, ask him 5 practices of agile. Having JIRAs is all about agile. Create a JIRA dashboard and call yourself an agile team. Bangalore office in RMZ: Its hard to get out of the IT park during peak hours, narrow rods, completely jammed. Bikes/walk might solve the issue. Auto rickshaws will cost your CTC. You can see Adarsh Palm flats from most of the floors, console yourselves you cannot buy them. Cafeteria is overcrowded during afternoons, not enough tables. The mini meal and veg combo make you high. This is all from my 'perspective' being from a TIER-1 college. But definitely not a bad start for your career.